Premier Parks to Acquire Walibi
In Effort to Take On Euro Disney

BRUSSELS -- U.S. leisure company Premier Parks Inc. agreed to acquire Belgium-based Walibi SA with the aim of bolstering one of the main potential rivals to Euro Disney SCA.

New York-based Premier, a fast-growing owner and operator of theme parks, said it agreed to acquire Walibi in a cash-and-stock transaction valued at between 2.8 billion Belgian francs and 3.07 billion Belgian francs ($76.6 million to $83.9 million). Premier, listed on the Nasdaq Stock Market, also agreed to invest a further 1.4 billion francs over the...